C. Garth Sanderson

C. Garth Sanderson

  • Life and Health Insurance Advisor
  • Mutual Fund Advisor*

Everyone’s economic and life situation is unique, and I keep that in mind when providing financial security advice. I believe that personalized service is essential when matching clients with the right financial security products and services.

As a life and health insurance advisor, I’m dedicated to learning about your personal goals. Together I will use them to build a financial security plan focused on your specific needs.

I understand my clients are in different stages of life: you might be purchasing a first home, financing a child’s post-secondary education or planning for retirement. I believe a financial security plan must reflect your personal or business situation, and so will work to highlight the financial security products that best fit your goals. Once your custom-tailored financial security plan is in place, I will continue working together to review achievements against your stated aims, and ensure you are comfortable everything is moving forward according to plan.

If you ever have questions about your plan or about specific financial products, contact me. I will set up a time to meet to review your needs and address any questions you may have.

Financial security planning is about more than preparing for retirement. It’s about working to achieve short- and long-term goals, and helping protect the most important things in your life.

As a life and health insurance advisor, I will work with you to create a plan that includes solid insurance and investment products and is flexible enough to meet your changing needs.

The first step to achieving financial security is creating a strong financial strategy. I will work together to prepare a plan that can help you:

  • Prepare for a secure, comfortable retirement or minimize your current taxes
  • Pro-actively manage and control debt, from major purchases to preparing for a child’s post-secondary education
  • Provide your loved ones or heirs in the event of death, disability or critical illness
  • Protect your business and your employees through affordable benefits

A strong planning process is the best way to create a financial security plan. It is crucial to create a financial security plan that protects your needs now, and that plans for the future, in a tax efficient manner. It is my goal to assist you to build a solid financial structure that will stand the test of time and that will grow and build wealth for you and your family.

I have established a process to do this that is based on two key aspects of financial security: asset protection and wealth creation. A plan must ensure financial security throughout your life, for you and for your loved ones. It must provide income replacement and asset protection in the event that the unthinkable were to happen: disability, critical illness or death. The plan must also aim to build the maximum it can via a solid, tax-efficient wealth portfolio.

With these goals in mind, I will work together to assess your total financial security planning needs. I will consider important milestones such as major purchases, marriage, children, education, dreams and retirement. This plan will entail regular review of ongoing financial management strategies.

There are many financial products in the market, and so choosing the ones that best meet your needs can be complicated. That’s where I can help. I can offer financial advice to help you choose products that meet your current and future goals.

Invest

Tax-free Savings Accounts

In 2009, the Canadian government introduced a new way for investors to cut down on taxes while saving money. While RRSPs are primarily intended for retirement and allow for income tax benefits, TFSAs allow for quicker access to tax-free savings.

Either alone or combined with other financial products, a TFSA can help you build a strong financial portfolio.

Registered Retirement Savings Plans (RRSP) & Registered Education Savings Plans RESP)

For investors under 72, an RRSP can provide tax-deferred compounding investment income and help accumulate savings to achieve long-term retirement goals. It also allows for a variety of choice of specific investment options—from GICs to mutual funds. For families with children, a registered education savings plan (RESP) can help finance post-secondary education.

Segregated Fund Policies

Segregated fund policies, which are available through life insurance companies, share similarities to mutual funds. However, they are unique because they can guarantee all or part of the principle amount invested, as per the given contract.

Mutual Funds

Managed by professional investment managers, mutual funds allow individual investors with common objectives and risk profiles to pool their savings in a portfolio of investments. This allows for an investment portfolio that is diversified among different companies and industries in Canada and around the world.

Mutual funds are sold through Desjardins Financial Security Investments Inc., the mutual fund dealer. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus before investing. Mutual funds are not guaranteed and are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. Fund values change frequently and past performance may not be repeated.

Insure

Insurance is essential to any comprehensive financial security plan. If tragic events like death, disability or critical illness strike, insurance can protect you and your family from undue hardship. Some life insurance policies also provide tax-advantaged savings that you can draw on to achieve goals like buying a house or retiring comfortably.

As an independent Life and Health Insurance Advisor, I have access to a variety of insurance products that can help meet your financial security planning needs. No matter your personal situation—if you’re single or in a family; a professional or a seasonal employee; an executive or small business owner—I will work together to design a customized plan.

I offer the following coverages:

  • Life
  • Long-term care, disability and critical illness
  • Health and dental
  • Group health benefits

While investing helps you create wealth, insurance can play a component in protecting it.

Managing Your Finances

Investments can play a key role in your financial security plan. For individuals, a mix of registered and non-registered savings, income and pension plans can help achieve short- and long-term goals. For employee groups, I can offer advice on registered and non-registered savings and pension plans.

Contact me today to learn more about benefits products and services that fit your personal needs of your needs of your small business.

2A Camburnhill Court
Charlottetown, PE C1E 0E2

Tel.: 902-892-7200  |  Fax: 902-892-0429
Cell.: 902-393-2398

 

garth.sanderson@dfsin.ca

* Mutual funds distributed through Desjardins Financial Security Investments Inc.